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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: carl who wrote (1683)9/26/1997 6:25:00 PM
From: Stephen Adnan   of 95453
 
Carl and Steve,

Can a lurker and former UTI shareholder jump in on this discussion.

UTI may dip and drop; however, its aggressive management in concert with its small float make it a good bet it will return and surpasss higher levels.

High PE is relevant; however, beating estimates (and thus forward P/E estimates) is relatively easy for any small outstanding Co in a boom industry. A couple extra mill can change earnings significiantly

I truly don't believe UTI drop has anything to do with value/P/e fears - but instead with many people like myself who have made a bundle very fast and are taking profits while they present themselves.

I am out of UTI now and I really regret it as I don't see many other stocks that can provide me with such explosive growth potential without significantly FAR more risk. (If you have any suggestions point them out.) I am seriously considering getting back in before earnings - I will benefit a couple of points as the stock did nt correct as much as I originally thought.

Back to Lurk mode

Stephen
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